Cryptocurrencies continued their losses following trading platforms became red, in light of the uncertainty that dominates the majority of investment and economic activities at the present time.
According to the data reviewed by Al-Arabiya.net, the total market value of the currencies that are currently being traded decreased by 5.7% during the last 24 hours of trading, following the combined value of the market plunged from the level of 1962.6 billion dollars in yesterday’s trading. Thursday, to regarding 1850.6 billion dollars in the morning of Friday’s trading.
The wave of losses was reinforced by mining problems, in addition to news related to the procedures that central banks intend to announce during the coming period, especially the Federal Reserve’s tendency to tighten monetary policy and raise interest rates, in addition to the rise of asset and safe haven markets led by gold, which reinforced the currency losses. encrypted during the current period.
in the lead The losing cryptocurrency came “Bitcoin”, and during the past 24 hours, the currency recorded a loss of 6.9% Against weekly losses of 5.5%, to be trading today at the level of $40,641. Its total market value also fell to the level of $770.3 billion.
The “Ethereum” currency, which ranked second in the list of the largest cryptocurrencies by market value, recorded losses during the past hours by 5.8%, compared to a weekly loss of 5.4%, to be trading today at the level of 2892 dollars. Its total market value also plunged to the level of $345.7 billion.
The “Tezer” currency came in third place, following its price stabilized at the level of $1. But its total market value fell to regarding $77.73 billion.
While the “BNP” currency ranked fourth among the largest cryptocurrencies by market capitalization, the currency recorded losses during the past hours by 4.8%, compared to weekly losses of 2%, to be trading today at the level of $ 404.09. The total market value also plunged to the level of 66.64 billion dollars.
The USD currency came in fifth place, following its price stabilized at the level of $1. Its total market value also stabilized at $52.58 billion.
